Address
5008 41 Street, Sylvan Lake, AB
Price
$ 739,900
Property Attributes
- MLS#A2285838
- TypeSingle Family
- Listing Status Active
- CitySylvan Lake
- NeighbourhoodCottage Area
- Postal CodeT4S 1B9
- Style2 Storey
- Year Built1998
- Price$ 739,900
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage1810
- Lot Size0.084137 Acres
Data Source:
Pillar 9 Technologies
Property Description
Welcome to 5008 41 Street in Sylvan Lake, a beautifully designed 6-bedroom, 3.5-bath home just steps from the beach, walking trails, and all the best of lake life. Whether you're seeking a full-time residence, a vacation retreat, or a smart investment property, this home delivers on all fronts. The bright, open-concept main floor features beautiful hardwood and tile flooring throughout, with a spacious kitchen anchored by a large central island — ideal for cooking, hosting, and gathering. Upstairs, you'll find the primary bedroom with a private 3-piece ensuite, plus three more generous bedrooms and a full laundry room. The fully finished basement offers two additional bedrooms, a full bathroom, second laundry area, and a private exterior entrance. To date, all primary rental income has come from the upper level only, which has been successfully used for both short-term (Airbnb) and long-term rentals. The basement remains mostly unused, aside from one room that is currently being rented for storage. Outside, enjoy your private hot tub — a huge draw for guests and a perfect way to relax year-round. Additional features include, central vacuum roughed in, double detached garage which is currently being rented out for $450/month. The basement storage room is also being rented out at $275/month. 2023/2024 Rental Revenue for Airbnb is $48,212.29 - long term rental $24,450 - Garage Rental $5400/year & Storage room rental in the basement $3300/year. The total gross income is approximately $81,362.29 annually.
| Price History | |
|---|---|
| 2/12/2026 | Listed $739,900 |
General Features
| Heating | In Floor,Forced Air |
|---|---|
| Cooling | Full |
| Roof | Asphalt |
| Appliances | Dishwasher,Refrigerator,Stove(s),Washer/Dryer,Water Softener,Window Coverings |
| Zoning | R1 |
| Number of Garage Spaces | 2 |
| Restrictions | None Known |
| Year Built | 1998 |
| Architectural Style | 2 Storey |
| Community Features | Golf,Lake,Playground,Schools Nearby,Shopping Nearby |
| Levels | Two |
| Property Subtype | Detached |
| Transaction Type | For Sale |
| County | Red Deer County |
| Property Type | Residential |
| Subdivision Name | Cottage Area |
| Parking Total | 4 |
| Construction Materials | Shingle Siding,Vinyl Siding,Wood Frame |
| Full Baths | 3 |
| Status | Active |
| City | Sylvan Lake |
| Basement Development | Finished |
| Structure Type | House |
| Standard Status | Active |
| Condo Type | Not a Condo |
| Suite | Yes |
Interior Features
| Interior Features | Ceiling Fan(s),Closet Organizers,Kitchen Island |
|---|---|
| Basement | Full |
| Flooring | Carpet,Hardwood,Tile |
| Fireplace Features | Wood Burning Stove |
| Fireplaces Total | 1 |
| Basement Features | Separate/Exterior Entry |
| Half Baths | 1 |
| Bedrooms Above Grade | 4 |
| Rooms Above Grade | 4 |
| Total Bedrooms | 6 |
| Below Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 4 |
| Laundry Features | Laundry Room |
| Main Level Areas | SquareFeet |
Exterior Features
| Exterior Features | Private Yard |
|---|---|
| Lot Features | Back Lane,Back Yard,Landscaped |
| Fencing | Fenced |
| Inclusions | Hot Tub,Fire Place |
| Parking Features | Double Garage Detached |
| Frontage Length | 9.25M 30`4 |
| Foundation | Poured Concrete |
| Lot Size Acres | 0.08 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 3665 |
| Frontage Ft | 30.35 |
| Patio And Porch Features | Front Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T4S 1B9
Price
Year Built
Visits
